/biz/ - Business & Finance

do you think oil is going to go under 100? seems like its really trying to break through that 102 mark right now

tell biden that his economic war with russia is destroying the economy.
we want our stonks going up

For me, it’s the homophobic jannies

>>49913844
>do you think oil is going to go under 100
Probably not. It will chop up to $150 by the end of the year.

>>49913849
Listen Jack we got 10% on the S&P back in my day.

>>49913855
Cant even let us have a proper pride celebration

Is 20k the bottom?

>>49913844
Yes. There is no scarcity of oil. It's all political shit.

>>49913849
Best we can do is sky high inflation, free phones for illegal immigrants, 41 billion for Ukraine, a second pandemic, and blaming it on the previous guy and Putin. And if you don't like it, then you aint black!

I’m still holding rev shares and calls and idgaf because I’m not gonna be a bagholder

Rate my put credit spread

>>49913897
Not even close

>>49913947

>>49913951
You got any money to roll with?

Wow jannies really hate the gays. Last thread was very LGTBQ friendly

>Late last year, this foreign born CEO of a mafia owned company that has holdings all of you know, had his $20M mansion burned to the ground because he displeased his masters. They have now replaced him and by the end of the year, will probably be dead. (Feras Anton/Pornhub/MindGeek)

>>49913981

I haven't opened it yet, but yes

>>49913911
ummmm

>>49913825
Rumors coming in that Jerome just got a hart attack.

>>49914049
stfu bobo

>>49914049
>hart attack.

>futes

>>49914070

HONK

>>49914029
yes?

>>49914028
It’s shit, TSLA is too volatile to do credit spreads, and it’s way too high for a bear market. Also tech stocks are falling out of fashion quick. Unless you plan on rolling all the way to zero, just wait to get some more capital first

>>49914076

>>49913855
gaysex sisters…we lost

>>49914049
They thought a couple crab days could bury us.

>futures

Gme scammers get so mad kek

>>49913951
Just buy ^^^^^ instead.

>>49913844
Oil has followed the gasoline decline and that seems to have stabilized for now. Crack spreads stable too.

>>49914181
what did they do this time?

>>49913706
The stock with 10x the premium has 10x IV. CCs all depend on your own vol expectations vs the market. In the end, you're making a bet that your own expectations are more accurate than the market is pricing
Whether you're holding 50% cash and a 10% premium or 50% cash and a 1% premium, the return is still half vs all in. Sure, you can hold more cash with the higher premium plays to make the same return, but if the underlying equity drops 10% then you've really made nothing. If it rises 20% then you've lost upside. You've given some gains to someone else. The market is saying these moves are likely, hence the premium

To understand why big moves are a negative for covered call plays, take two example cases:
Suppose the 10% premium ATM call play might see 20% upside and 20% downside within the timespan. Equally likely
>stock increases 20%, you collect 10% premium and it gets called away. Total = +10%
>stock declines 20%, you lose 20% but collect 10% premium. You sell. Total = -10%
On average you've made nothing. In the real world stocks can see a range of outcomes over a month so this example is really simplified, but I think it's enough to understand that if you expect +/-50% you'd lose hard selling 10% premium, and if you see low vol or skewed downside/upside with much larger upside then you can generally profit since puts/calls are priced symmetrically

In the end, unless you have some idea of downside volatility being lower than the market is saying, you won't make any sustainable profit off covered calls, on average. You have to be opportunistic in your picks. Most of the time, downside vol is pretty low so CCs are usually a pretty good strategy. We're in a bear market right now though, and despite the bear market we haven't seen VIX elevated much. At this point in time covered calls in general seem pretty bad, though there are definitely some good plays out there in certain sectors.

I haven't even touched on intra-month volatility and trailing stops.

The only way to make money out of poor people is by keeping them poor.

Fucking kek jannies are all gay confirmed

>>49914210
Replied to the dead thread again

>>49914200
Hell no, TSLA is way overvalued, also no one wants to hold stock long term anymore. He’s got the right idea getting a put credit spread, but my advice is that he pick a stock closer to the ground

>>49914116
god jimmy hart was probably one of the best parts about mid 80's wwf. loved all the bits with him.

>>49914049
That'd be super bullish, tho.

>>49914297
Not when other members of the fed board have been asking for 100bps hikes.

>>49914329
Jpow mentioned 100bp as an option.

you know in retrospect its kind of morbidly funny that back last year when a bunch of the federal reserve members sold all their stock we kind of joked that they were selling the top and insider trading, and then it actually came true like 2months later

>>49914342
Yeah, an option. But even with him taking a more hawkish approach hes still the biggest dove on the board. Maybe if Evans was his replacement it would be fine, but if Barkin or Harker took over 100bps would basically be guaranteed.

> 95% of traders lose money
> 87% of professional gamblers lose money

>>49914435
>the fed chairmen all act independently
yikes

Now that the upcoming SUPER RECESSION is now official, does that mean that the stock market is doomed?

>>49914228
Get mad for being called out as usual, surprised that general is still alive although I know a jannie is a gameshop baggie.

>>49914080
WAGMI CORNBROS

>>49914474
kek reminds me that every time you ask them to post their average they refuse or doge the question


what did they get called out on this time?

>>49914455
Can you imagine the chaos if every member of the FED board issued their own rates and banks had to fight for the lowest rate slots?

>>49913550
But I'm not bagholding UUUU, because I have no intention to sell yet. Like I said, i'm patiently waiting 2-3 years for the uranium sector to take off, and DCAing over time to accumulate a large position. While I wait for it, I am selling CCs to lower my cost basis. Depending on how effectively I price it, it will pay for itself in 3-5 years or else exercise above my average, locking in profits. Lets say I get it completely wrong and Im an eternal bagholder - someone else would speculate in uranium too, and I can sell contracts to them too. Energy companies always seem to do well, and Id rather hold it than GME
I am also happy to do this since it prevents me from buying shitty meme stocks and risky options and keeps my capital focused. I also have stocks in sand, natural resources and WMT

>>49914483
"JP Morgan... you are on the clock!"

>>49914329
Based FX Kurumi

>>49914080
>>49914476
Of the comex softs, I feel that corn > beans > wheat are the best choices. Not optimistic about supply side of corn after the harvest

SIGA bros it's spreading

>>49914473
Nah, stock market shits itself early in anticipation of these sorts of things.

>>49914476
I fucking love corn

>>49914171
I LOVE ISRAEL

>>49913873
>>49914208
Its coming down, sorry delusional oil princesses

>>49914237
Can you elaborate? What non directional strategies are good in a bear market? I dont want to do a bear credit spread in the event of a big rally.
I also enjoy looking at unusual volume from whales and figuring where prices will settle on 2-9 dte

>>49914208
>Muh ath oil needs to happen
Kek, enjoy those bags

>>49914499
“With the next pick… Bank of America selects Jim Bullard - St. Louis!”

>>49914473
>SUPER RECESSION
It's called a depression

> futures

>>49914578
Ohhhh I finally get it. Is monkeypx spread via gaysez?

>>49914715
the democrats will never call it a depression. it will go down in the history books as some sort of recession

>>49914080
> No hogs
Nigga wtf

>>49914746
Imagine being stuck in traffic and slowly turning into a Halloween decoration kek

>>49914788
...most children already think I'm a Halloween decoration.

>>49914473
Election year, buy back at the end of August.

>>49914780
>>49914080
Nigga you need to invest in hogs. How do you not with hogs. They literally eat shit. They subsist on their own shit go long hogs right now

>>49914076
Bret hart is the most overrated person in pro wrestling

>>49914829
more like bret the shitman fart

>he didn't sell a barrel of oil at the local top for a barrel of lean hogs
OIL/HOGS is where generational wealth is made

Am I the only one completely spooked by the fed?
>house prices to high
>job market hot, not enough people working
>solve supply issues by crushing demand
Is he rugging us?

>>49914886
JPOW's goal is to deal with a supply problem by crushing demand. He will crush that demand by forcing higher unemployment.
This will likely backfire in the midterm because that also just forces producers to cut back on supply.
None of it makes any sense. The whole goal is to save Boomer retirements that are tied up in their homes. ALWAYS HAS BEEN

ITS A PANDEMIC! AHHHHHH
They just declared it!!!

>>49914886
yes

>>49914886
Hes rugging shit companies that prop themselves up on cheap debt. Unemployment and reduced demand is just a little bonus.

SIGA BROS

>>49915062
What the fuck is the "world health network"

>>49915078
>he doesn't know what the WHN is

Everyone point. Point and laugh. Ha-ha!

>>49914886
>>job market hot, not enough people working
Don't believe this baby boomer shit, if they were depserate for workers we'd see wage hikes

>his account doesn't regularly beat the daily 8.3% inflation rate
Time to stop trading and buy mutual funds

>>49914886
Powel was also kind of dodging questions about houses being infeasible with interest rates + how inflated their prices are now

>>49914171
Burgers are such disturbing goyniggers

>>49914256
No, I meant just buy puts on Canada instead. my tripfaggot name.

Mr. Powell, how should we fix the US economy doing a stinky?

Mr. Powell, yes or no, will decreasing spending fix inflation? Yes or no motherfucker.

Mr. Powell, oil companies bad, yes? That's not what I asked Mr. Powell. Oil bad, Mr Powell?

Mr. Powell, is inflation the fault of the orange man?

>>49913897
Remove three 0s from that and you're getting warmer, but even that won't be the bottom.

>>49915163
Not just

>>49913844
Will go down to 90s and then jump up to 140

What in the ABSOLUTE FUCK are futures recovering?!

>>49915159
Housing was already going to crash. Builders went in too hard to meet demand and now a shit load of inventory comes online at the same time evictions and foreclosures started back up.
Now its going to crash even harder.

Too the moon Labu bros

/biz/ Why shouldn't I have a uvxy 2024 put in the books just in case shit really hits the fan?

for me, it's calls and puts
i call chicks and put my dick in them

>>49914949
If we're going with the theory that Jpow is doing this intentionally to pull back at the last minute, pivot soon. If not, Jpow is retarded and should be executed for financial treason.

>>49915261
we have entered the golden crab run

>>49914886
Your post ends in 86. You know what that means don't you?

>>49915062
The correct play has been siga this whole time.

>>49915261

Buy and hold these in the long run

USMJ
PAOG
OMID
ZOM
CBTC

All are potential growth stocks and OMID in particular is poised for big gains!

>>49914667
I just meant that realized vol has been higher than IV in most of the positions I'm interested in right now, so covered calls don't make sense.
If you expect higher volatility than the market is predicting, buying options/spreads is the play rather than selling. The market neutral version being a straddle.
I don't do any complex multi-leg shit since the payoff is almost never worth the higher cost of dealing with lots of individual contracts. Those plays all feel like traps shilled by the brokers.

FUTURES GREEN!!!
BUY BUY BUY BUY BUY

>>49915350
ok how u kno

>>49915305
you think its gonna be like this in 2024, how quaint. you have no idea how bad it is about to get and will therefore definitely not make it.

>>49915261
they're recovering because we're going to giga pump because they didn't crash the stock market yesterday which is mega bullish

>>49915062
I'm not gonna fomo...

>>49915570
my bad meant calls lol

>>49915593
Well, I bought some calls too, just in case this happened... I'm hedged
But I would have made more money if it dumped!

>>49914886
>Am I the only one completely spooked by the fed?
Didn't those retards just talk about the importance of diversity at the central bank?

>>49914237
None of that rant addresses that if the downside isn't that bad and you have cash to average down, and get the smaller exit pump to your average you need, you walk away with the return, period. You don't make "nothing". If he had cash to keep going the guy in the example could make thousands.
If it doesn't pump but at least stabilizes and he has cash, he can keep bringing in money to eventually bail him out even if it takes a while.
You keep implying that it's the same thing as going all in when it's not.
Yes generally you have to have good taste, be opportunistic, and try to catch things at bottoms. But averaging in affords more leeway. And "bear market" is subjective, some would say this is a leg in a giant trading range.

>>49915624
>Suits: +22%
I just use khakis and a matching Uniqlo comfort jacket. I don't think I'll ever cut it in a place where I'm expected to wear tailored silk duds.
Everything else sucks dick though. Thanks, Brandon!

>>49914488
UUUU is the next oil, brother. Usually I wouldn't do commodities but there's lots of potential here when libtards figure out it's unavoidable and sunshine and wind won't power Los Angeles. And it's cheap so hundreds of shares won't be a large % of my account.

>>49915315
We don't do that here

Scoopsies, I miss you bb. I made this for you.

https://music.youtube.com/watch?v=c0TghfreFok&feature=share

>>49915401
>If you expect higher volatility than the market is predicting, buying options/spreads is the play rather than selling
Oh I guess that's fairly obvious if you have a quick think about it, since a sharp price movement affects IV, which becomes a seller's market, whether you're STO or STC

>captcha is STDK0
SIGA bros...

>>49915712
>huge supply deficit that keeps growing
>48 percent of reactors are not covered by long term contracts
>Kazakhstan which supplies 32 percent of the uranium to the world is about to get De-Nazified by Putin or blockaded from trading with the west
>DoE wants 4.3 billion for uranium
>Dianne Feinstien herself, riddled with dementia wrote an op ed saying sorry for being anti nuclear recently

Why the fuck are futures flat?

>>49915628
I can tell you don't understand the difference between a geometric and arithmetic mean.
Look it up.

You apparently can't tell the difference between an explanation and a rant either.

>>49915743
You people are pathetic. I am actually disgusted by the fact that I post in the same thread with you people.

>>49915743
I have the same washing machine. The fucking thing takes forever to fill because of the gay ass sensor. It literally squirts a stream and stops for a few seconds. Fuck I hate technology

>>49914171
Imagine trying to rev up the ovens again with these gas prices oy gevult

Cashtard here, crash when?

>>49915785
Crab szn

>>49915814
Stfu soxl faggot

>>49915839
I'm expecting oil to dip to 82-95/bbl for a few days, in a few days. It'll probably recover though.

>>49914746
is he okay?

>>49915839
Buy back in late August early September.

>>49915792
No, you don't have to know that to make money selling cash secured puts. Pretentious nerds like you keep trying to overcomplicate it with long-winded BS "explanations" trying to debooonk what I use in real life to make higher returns than average. Someone could make money selling cash secured puts solely based on identifying likely bottoms on a daily candlestick chart, for example. No blah blah blah required.
Doing it my way is effectively like averaging into a dip, 100 shares here and there spread out carefully and eventually with a small pump you're out if it doesn't completely collapse. It's not the rocket science you're turning it into.

>>49914181
Lmaoing at your general

where is the crab etf

>>49915899
Someone should write a letter to Direxion, telling them to start a triple leveraged crab etf

So what are your trading and investing strategies?

>200 LRS with UPRO and TQQQ. DCA into VTI until I retire. Very conservative swing trading with options for extra cash.

On Tradingview, is it possible to compare two tickers, but then offset one by a certain number of days/sessions?

>>49915899
AQB

>>49915889
I'll politely side with the other anon here - while you're right that there can be exceptional plays with a little common sense, it's also nice to hear other perspectives and identify common pitfalls and certain unforeseen risks

>>49915916
>Earn infinite money when it moves 0%
>Lose infinite money when it goes up or down

>>49915814
What a disgusting nigger faggot nigger you are. You have no appreciation for the 2d realm or the 4d realm. You are a 3dlet. Absolutely fucking repulsive. When I get home from work I get to delve into dimensions your tiny Netflix addicted brain can't fathom. I go to the 4th dimension and rest my cock in scoopsies bussy, and in this dimension, scoopsies can't say no. Then I jump to the 2nd dimension and have dinner with my wife Miko. You truly embarrass me. Imagine being you lol.....lmao

>>49915924
Pretty much this

>>49915916
hello mr paul brigandi i would like you to make a 3x inverse crab etf reason: i have a short attention span and i want to see my numbers go up and down even when the market is flat

Imma ride my 10x copper short until I can get at least 4x my initial investment out, then wait for late august before I split it threeways into x3 copper/silver/gold longs.

>>49916048
>10x
>4x
>x3

>>49915849
>>49915950
Seethe and cope more

>>49916071
I have not had my cuppa tea yet pls no bully

>>49915950
John, you're supposed to taper off of SSRIs/Antipsychotics. But in my medical opinion, you were absolutely correct in assuming the undesirable race and homosexuality of that anon.

>>49916107
Little bitch. I fucked your gf

>>49916073
Sneed
You lose.

https://music.youtube.com/watch?v=desImaA2luA&feature=share

Syscon provides extremely low fees; how low would you think??As low as imaginable; fractions of a cent!

>GME was right all along
just imagine having to confront that reality after months of denying it

>>49916132
i don't understand why someone would do this

>>49916107
The withdrawal did damage to my brain I can't repair fr fr no cap on god

>>49916132
You deserve the rope

>>49916146
Retail had nothing to do with GME. Hedge funds and institutions manipulated both longs and shorts the whole time

Oil bros.... They're trying to bury us...

>>49916146
>a bunch of people squatting on a stock with no exit strategy
lul gme backed currency when?

>>49915889
I'm not trying to debunk anything. I use covered calls too.
I think its useful to understand the dynamics instead of pretending its a free dividend. I've seen plenty of stories of digging a hole averaging down on a perpetual loser (with or without calls/wheeling), and also stories of frustration that a position got called away and then immediately pumped. Closest experience I've personally had is selling AMC calls at $4 and watching the stock suddenly 5x on meme money. That didn't bother me though - what frustrates me is when a position goes ITM after one week and then dumps back to breakeven in the last week before expiry. I generally close out those setups early nowadays.
If you have the right personality for it and can find good setups, covered calls (or puts) can be excellent.

>>49916156
No.............U

>>49916132
I'm scared

>>49916190
oil bro, im afraid its over. i dont even know why the price is going down.
considering taking everything out and just waiting until the shemitah is over. i have good stuff just feel like its getting hammered in the broad market drawdown

Scoopsies I'm about to go to bed. I miss you bb. Just pop in and say hi once in awhile for me. No more sexy hardball ok

>>49915924
Marissa still a whore at 60, nice

>>49916190
>>49916214
>Didn't buy in April-May 2020
KWAB

>>49916273
yeah i bought bitcoin instead and did a 20x. oh man it was so easy to make money in 2020
got any ideas for the present day?

>>49916214
Oil crashes when you go over 100$ a barrel.
Maybe the fed can give it some magic moneys to normalize prices over 100$. kek

How do I short western civilization?

>>49916317
No clue man. There are no tickers shilled here. Buy gamestop? I dunno, I wish tickers would be shilled here.

Asians pumping for EOD trades, looks like its up to Yuropoors to try not to bog us down so we can have a big green day

Is this the bottom?

>>49916408
Investing yourself in Jesus. Also by funding gain-of-function research laboratories in China.

>>49916317
You didn't sell did you baggie?

god imagine the ceo of SIGA pumping his super hot pozzed load into my portfolio AHHHHHHHHHH

>>49916211

BROTHERS I'VE JUST ABOUT HAD IT WITH THESE TRANNIES ON /SMG/. ALL MY LITTLE HULKMANIACS KNOW TO TAKE VITAMINS NOT TRANNY HORMONES. THESE DICKS IN DRESSES ARE FREAKS AND NOT ALL AMERICAN.

>>49916487
im mainly in oil now which i guess was a mistake. almost about to be breakeven with this most recent drop

What is this jewish post market trickery

>>49916338

It's been over $100 a barrel for months though.

This whole situation is a long time coming, frankly it's pathetic to see biden blame this on Russia's shit-tier oil supplies when in the same breath he talks about transitioning from oil and oil-hostile policies.

I'm not in it, but my spidey senses are saying oil is going to have one last pump to 150 for /CL

>>49916488
Soxl trannies would seethe even more

>>49916543
>This article was published more than 2 years ago... please ignore goy
I wouldn't trust the experts to set on a chair correctly

GO DOWN REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>>49916543
Yes, and it was propped up by...
Propped up by...
CHEAP DEBT
YAAAAAAAY

People that were taking cheap debt and paying employees were shouldering the cost of 100$ a barrel oil. Now that interest rates are going up those companies are imploding and its going to collapse demand and the price will tank again.
The general stock prices of oil companies should come down too as they aren't making as much money, even though they should be holding reserves for investor payouts since they stayed on the OPEC+ script rather than meeting demand at the time.

>>49916408

A remote, self-sufficient cabin.

where are those soxl shills? i want to see their gains

>>49916618
>it was obvious the oil proce was going to collapse
>those darn oil companies should have wasted monet trying to produce more though

>>49914049
What is Warren Buffett dies and causes the stock market crash leading to the recession

>>49916781
Priced in unironically, him and Munger are both on the doorstep anyways like all 90 something year-olds.

>>49916710
>those darn oil companies should have wasted monet trying to produce more though
No, they made the right call in the face of an overvalued economy running on 2% interest rates. It was the better move to stay the course rather than try to ramp up with a recession looming.

Oil FUD faggots may be BTFO by open. What a shocking twist. Well, a twist if you’re so deluded as to think oil isn’t going above its previous highs in short order lol

The market will crash because a sex tape will leak featuring current and former fed chairs as well as Lizzo.

>>49914171

>>49916915
>oil has to go to ath
No it doesn't

>>49917033
Glenn is alright

There are people on /smg/ who still haven't watched The Big Short

Euromarkets opening in 3 minutes. What are you slurping today?

Testing and death to mods and jannies.

>>49917118
Everyone goes through that gay phase of larping as a wolf of wall st character though

CANT CATCH A FUCKING BREAK SOXL GO UP FFS! OR GO TO SINGLE DIGITS MAKE ME LOSE IT ALL JUST CHOOSE

>>49917186
SOXL!!!

>>49917055
What a take. I guess you’re right, adjusted by M2 it probably won’t hit an ATH, retard

>EU opens
>copper doesn't pump
uh oh

>>49916469
We are getting close. Inflation will peak soon, sentiment is at a generational low, the market is forward looking. I think we will bottom before any good news comes out and some good news will be here within 3 months or so

>>49917174

I started speculating on the stock market in Jan 2021. Within two weeks I had 10x'ed my initial. I felt like an investing god, just someone who was naturally good at this and didn't need to read no damn books. Yeah I got fucked later on.

>>49916543
(((experts)))

when we have drained every penny from your pocket, only then does the economy have permission to die

>>49916654
They sold when SOX went under the 200 day moving average

>>49917229
>Yeah I got fucked later on.
It happens to everybody. It's worse if you get lucky when you're a beginner. Gives you the idea that you're a smarty pants trading savant. If that poisonous idea wiggles its way in to your brain, you are going to get fucked so much worse when the time comes. You will continue to recklessly enter extreme risk trades and refuse to book it when they go sour. That is how some beginners lose 90% and quit. Or they get married to a shitstock they originally intended to be a swing trade. Trade goes sour, still holding. Now you're following the news for this dumpster fire and arguing with people about M&A plans and buyout possibilities, earnings beats etc. You'll start cursing the name of those gosh darned bastard shorts holding down your golden goose.

If any of you are making a living trading stocks/crypto I need you to tell me RIGHT FUCKING NOW what you're doing and what your strategy is.
I can't do anymore time in the wagecage bros.
It's unironically this video: https://www.youtube.com/watch?v=YRT0Typtbto
I'm losing my goddamn mind. All I need is $2000/mo. My existence would be bare-bones but at least I'd have some semblance of control over my life.
HELP ME RIGHT NOW BROS! RIGHT NOW!!!!

>people still think we're even close to the bottom

>>49917347
DCA into TQQQ starting today. Get enough in, when the bear market is over you'll be rich

>>49917347
I only started consistently making $5000+ a month when I had made it to ~300k in my trading account. Before that, i don’t think it would have been possible. I think bare minimum to make 2k a month would have to be 100k. Anything less and you’re gambling over and over again and you’re bound to lose eventually, leading to a spiraling series of revenge trades until you’re broke and back to being a NEET. Trust me. Been there. Get educated in a skill or trade, get lucky and build up a cash reserve, THEN escapee the wage cage. That’s my advice at least. At 26 I got my house, 2020 Audi and a Jewish trad gf. And no w2 job. If this isn’t the dream idk what is

>futures

>>49917361
>bears are euphoric

>>49917347
>I need you to tell me RIGHT FUCKING NOW what you're doing and what your strategy is.

>>49917482
And we got reasons to be,unlike the mumus.

LOOK AT COPPER COMPUTER

>>49917318
>Trade goes sour, still holding. Now you're following the news for this dumpster fire and arguing with people about M&A plans and buyout possibilities, earnings beats etc.

Yeah, that's how a quick in-and-out two day swing trade turned into bagholding and averaging down on a a Canadian gambling company for six months and watching hours of Canadian Parliament and Senate footage to see if they would legalise online gambling(the most incredibly tedious shit I have ever seen). I got out of that one with profit though because they got bought out by PENN (which has since dumped). Sheer fucking luck. The "opportunity cost" of bagholding for six months of bullrun probably saved me from FOMO'ing into a bunch of sketchy shit as well.

Overall I'm still deeply in profit, but I've lost a whole bunch of money through shitty trades (and unrealized gains from not taking profits).

*teleports behind you*

>>49917503
I find the next thing and go all in. Selling Gaysex at 35

bros ggpi is coming out of its spac phase, buy puts

>>49917361
The reason why I'm apprehensive about this being the bottom is because there seems to be a somewhat strong sentiment that it is. Whether it's here or forums that discuss investing. People just keep talking about DCAing, holding and how everything's pretty much priced in. We're not even close to what the market looked like pre-Covid and no one can convince me that whatever the broader market was doing in those 2.5 years justifies them being valued 2x, 3x, 4x or even 5x of what their stock price was previously sitting at. Even in 2019 a lot of these companies were already overvalued and had growth priced in on like a 5 to 10 year horizon. And then the influx of retail started pumping everything like retards and institutions were making a shitton of money off of stocks that reached price targets that their analysts would have only expected to see years and years out. And now that artificially pumped shit is at a "discount" people slowly start throwing money at the stock market again because we're supposedly at "peak fear". To me peak fear isn't when I go on trading forums and there is a significant contingent of people that are still bullish and expect a reversal soon. Peak fear is when people start to pull every last penny they have out of the stock market and swear to never invest again. Peak fear is when we don't get these short pumps over and over again in which people get caught and start dumping their pink wojak folder. Peak fear is when there are no pink wojaks left because they got fucked by the market too many times to have any money left to throw at it. Peak fear is silence, not flashes of hope accentuated with screams when people get rugpulled.

>>49917632
That's not that bad just hope you sold SOXL bags

>>49917681
you type too much nigger
REV just did a 10x pumped by retail traders this week after it filed for bankruptcy, that's all you need to know

>>49917347
Say Evtoebitda ten times fast.

>>49917681
this sounds way too dramatized. the drawdown has been orderly, multiples have come down a ton, arkk is down 70%. if earnings get revised lower(and most people think they will go lower) we will go down to 3000-3400 level, this might be the most anticipated recession ever

>>49917681
I agree but the situation is very confusing, we still have high employment in America. When the CPI comes out next month we'll get a better gauge of where we're at. We've done a nice leg down but the markets may very well still be in denial.

what happened?

>>49917813
someone set up us the bomb

>>49917820
the yen and the dollar are now correlated :3

Will oil keep rising?
Or is the demand destruction (nuking the economy) working?

>Commodities absolutely fugged
>Stocks gigafugged
What the hell do you guys invest in? Do you simply buy short certificates?

look at the 10 yr

Have you faggots got into Rev yet? We're pumping again today

>>49917738
>Arkk is down 70%
And it can fall another 70% from where it is now. I am always cautious about using price anchoring as an argument why something has to go up again. It could be that whatever it used to be was significantly above where it should have been because the market acted irrationally. Retail got whipped up in a frenzy and threw everything they had at the market during Covid. And now that element is gone because people aren't getting paid to sit at home. They need their savings to buy groceries and pay rent. To me this just feels like a false bottom. A place where institutions can pump the local bottom and wait for someone to provide them with exit liquidity until the people that got fucked getting rugpulled become fewer and fewer until sentiment gets even worse and everyone starts closing their position because it stops being profitable.

Seems like we have a crab market until the end of the month to settle things and then we take the elevator down again.

>>49915252
Our Aryan ancestors turn in their graves, how fucking discussing

>>49917900
That shits over for sure

futes were cute and funny now there being bratty...

>>49917948
Famous last words, Bobo.
Even worse if you're just a npc sitting while it takes off

the golden crab has appeared yet again

JESUS LMAO

>>49918021
i kneel

in a few minutes more crabbing happens lmaooooo

MELT UP AND SHORT SQUEEZE TIME
THE RECESSION IS HOGWASH
JPOW IS PIVOTING ON THE RATE HIKES
JOE BRANDON IS REPEALING GAS TAXES

>>49914208
How do I invest in crack?

>>49917847
https://www.chevron.com/newsroom/2022/q2/a-letter-to-president-biden-from-chevron-ceo-mike-wirth
Maybe comes back maybe no if Biden is a fucking retard.
How confident are you in Biden being a fucking retard?

>>49918127
>JPOW IS PIVOTING ON THE RATE HIKES
Daily reminder that you don't want that. inflation kills the stock market. Stagflation is a real possibility and the time between the oil shock and Volcker was a lost decade.

>>49918174
Let me buy cheapies you fucking shitbird.

>>49918174
Everyone knows rate hikes wont solve inflation for this case, its over

>Germany saying they are just weeks away from running out of gas
>Economic growth are plummeting
>German economic minister said gas rationing might start happening soon
Shorting them is literally free money, no matter what their vast industry will run dry and economic numbers will be terrible

>>49918335
Why does everyone know that? An oil shock followed by surging energy prices caused the last stagflation and was solved by rate hickes. How would you prevent runaway inflation?

>>49916654
EVAN NO

>>49918373
Increase production and supply by giving up Ukraine

>>49916190
Buffet brought the dip

>futes
There's a reason bobos are called brown bears or black bears, its because they are nigger bears

>>49918373
>hickes
Suck on my neck anon, get me that cheap energy!
UWU Uguuuuu

so what's the plan for today, lads?

>>49918570
reminisce about all the underage pussy i missed by not knowing wtf i was doing then look them up on facebook

>>49918570
After work I'm heading home to pack my camping gear. Heading to the countryside with my girlfriend for a midsummer bonfire camping party over the weekend.

>>49918620

Fug, I'm spending midsummer posting frogs on an anime-themed stock market forum

>>49918620
Can you quit with the demoralization posting, you'll drive the poor anon's over the edge..

>>49918647
To be fair, that's what I do most days.

>>49918570
Well I definitely have "not" been drinking all night long. No work tomorrow. So I think I'll stay up and lose some money daytrading options. Then probably jerk myself to sleep like a real loser. Should be a good day.

>>49918570
I put in my orders last night and they have been scraped and put out to the bots. Oil will dump for an hour, peak at noon and then dip back.

how far does TELL have to drop before you'd buy it?

>>49918647
You should be posting OL's instead

>>49918570
going to work and hoping my oil position isnt deader when i get out off work

I hate this fucking EU market why did I (((diversify))) in health care, utilities for an inevitable europoor recession if this goes down anyway while even nasd-ack might outperform this defensive dogshit

Bear market is over!
Hyperinflationary MMT is HERE
https://www.zerohedge.com/economics/biden-economic-adviser-asserts-more-government-spending-will-solve-inflation-crisis

>>49918647
Any better way?

>>49918620
based. im gonna go with my gf and her friends to some beach to drink.
im kinda meh about midsummer since there is a festival and travel soon on the menu.

>>49919058
>Any better way?
Not a chance. I'll be with you homosexuals until the end.

https://www.reuters.com/markets/us/an-early-look-june-us-jobs-data-suggests-pickup-not-slump-2022-06-22/
>An early look at the state of the U.S. job market in June from payroll provider UKG suggests some strengthening, even as the Federal Reserve lifts interest rates sharply and economists raise alarms over the likelihood of a recession.
>Workforce activity increased slightly in the first two weeks of the month, according to the firm which tracks shift work in real time. It mostly declined during the prior three months.
>Particularly notable, the firm said, was an increase in demand for workers in retail, the first such increase since the start of the year.
Pack it up folks, recession cancelled

>>49919016
All keynesians should be publicaly raped followed by their execution

>>49917033
It's real.
https://www.bbc.co.uk/news/world-us-canada-41688999
>pay taxes all your life
>when you're home is destroyed by a hurricane you have to pledge allegiance to Israel to get help

>>49919092
>I'll be with you homosexuals until the end.
Bullish for SIGA.

the bear market is literally over for no reason at all

>>49919235
the fed and ecb both started printing again i think

>>49919246
If its positive again, we will go full weimar

Just want to let everyone know I'm still in sqqq which means I've singlehandedly ended this bear market and good times are upon us soon.

>>49919235
>the bear market is literally over for no reason at all
if china opens during the next weeks we will rip up even more.
the next bad news wave will start in like 2-3 weeks with new US CPI numbers and earnings.. will be a shitshow

>>49919235
It's not over, bear market rallies can pump way higher than this. This is just high time preference /biz/ tards declaring small bear market relief rallies to be a reversal. Next leg down is in July with another all time high CPI print and then a negative GDP report end of July which puts us officially in a recession.

>>49919284
Stfu fag, I sold all my tqqq on Tuesday and bought sqqq on Wednesday. I ended the recession, not you.

>>49918690
Big nips straight bussing no cap on god

>>49918336
It's almost like they're trying to support a whole continent of welfare states or something under a quasi mega government

>>49918335
Kek
I don't think you understand how the larger economy works

The fed rate actually does affect pretty much every single business that is growing

Hello. All I do is lose money.
Down 21% on MO. Down 7% on INTC Down 3.5% on SCHP. Down 3% on SPXS.
Tell me what you want to crash and I'll buy it for a tenner.

>>49919539
Kek
Options are the only things printing right now due to increasing uncertainty and volatility

>>49919284
I've bought into SQQQ on Tuesday, thank me for my service

>>49917957
If it pumps today, it'll dump tomorrow

>>49917957
Futas need a rape hike correction.

>>49919574
Been reading that every day m8.

>>49913825
OP btfo we are mooning *dabs*.

>>49919539
SOXS

when is the next US CPI number?

Will SOXL ever go above 40 bros?

>>49917455
Do you do low or high risk trading? My plan is similar to what you have done; work to put enough money in a bunch of etfs/stocks which will eventually pay me enough in dividends to where i don't have to wagecuck ever again

>>49919691
OK. I bought 1 (one) SOXS. where is my ten dollarydoo?

>THIRD fake and gay pump just before market open
>will dump again
Holy fucking shit how many times can you rug fucking suckers before it stops working?

>HE SOLD HIS CALLS
>HE BOUGHT PUTS
>HE SHORTED THE BULL RUN
>HE THOUGHT LINE WOULD ALWAYS GO DOWN
HAAAAAAAAAAAAAAAAAAAAAA
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

ARE YOU OK BOBO? BOBO DON'T DO IT, MOMMY WOULD MISS YOU

>>49919819
Why crash last month but pump last years?

m-masaka

SIGA Technologies?

I shorted the bottom, you're welcome

Redhill biopharma is going like I said

>>49919788
Soon.

How will bears ever recover

>>49919656
And it's held true on average

>>49919919
They won't, they can only hope through gay anal sex (which is bullish for SIGAniggas)

>>49919853
I love how trannies and lefty retards use this image to try to combat statistics

>>49919919
By waiting for the sour hour. Just like the last time.

>>49919947
holy cope. it's gonna be a massive POWER hour and we end the day +3% on SPY minimum.

WHAT! GOES! DOWN! MUST! COME! BACK! UP!

>>49919919
Post ytd gainz lmaoooo

I am euphoric at seeing lower highs

new
>>49920027
>>49920027
>>49920027

>>49914342
He needs to stop pussy footing around and raise it 200bp. Inflation is too high, and the longer he keeps dragging his feet and not pulling the bandaid off the worse this will be.

>>49914886
People aren’t working because they can’t afford the stuff they want even if they do work. Housing prices need to fall for the economy to get healthy again.